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of :he contracting firm and his salary or any other <br />financial interest is not affected by the contract, <br />the council may determine that no personal <br />financial interest'under M.S. 471.87 exists and <br />that the contract may be made and enforced <br />in a home rule city without a charter provision <br />prohibiting direct or indirect interest. (A.G. Op, <br />90-E-5, LMC 130d, Nov. 13, 1969.) <br /> <br /> It is now clear that M.S. 412.311 and similar <br />charter provisions are broader than M.S. 471.87 <br />with respect to the type of interest prohibited. <br />Specifically, the Court has held that mere employ- <br />nnent by a company with which a city contracts <br />may give the council member an indirect interest <br />...... e contract, when it remanded, the matter <br />back to the trial court for findings on this point. <br />(Singewald v. 3~linneapolis Ga, Co., 274 Minn. <br />!42 N.W. 739, 1966.) That case overrules a line <br />of opinions by the Attorney General holding <br />that non-participating, non-supervisory salaried <br />~mployees are not within the conflict of interest <br />prohibitions. (A.G. Op. 90-B-7, LMC 130d, July 1, <br />'i96-6; A.G. Op. 9D-E-2, LMC 130d, June 20, <br />1962; A.G. Op. 90E, LMC 13Od, Mar. 18, 1940.) <br />Presumably, other types of interest may also be <br />such prohibited indirect interest and yet not <br />constitute a personal financial interest under <br />M.S. 471.87, but there have been no further <br />· z~es on !he subject. The Attorney General has <br />rd,e..l that where a housing authority commissioner <br />is subject to statutory language regarding direct <br />or indirect interest (M.S. 462.431) similar to but <br />~omewhat strongerthan that found in the Statutory <br />City Code, a commission member is covered by <br />ti~e statutory language where he is a foreman for <br />a contractor who will aid the contractor in making <br />a bid to the housing authority. {A.G. Op. 430, LMC, <br />130d, Apr. 28, 1967.) . <br /> <br />' 7¥me factor in determining interest. When the <br />· .~nterest of the official exists at the time the con- <br />tract is to be entered into, it is clear that the <br />contract is prohibited .when the contract is within <br />the statutory prohibition. The Attorney General <br />has even ruled that a person may-not contract <br />with a statutory city where he is a councilman <br />a'~ the time of opening of bids even if he resigns <br />prier to the actual awarding of the contract. <br />(A.G. Op. 90A-l, LMC 130d, Nov. 20,'1963.) <br /> <br /> More difficult questions are sometimes <br />presented when 'the council member takes <br />office after the contract has been entered into. If <br />no conflict of interest between the council mem- <br />ber's public duty and his private interest in the <br />contract can develop during the effective period <br />of the contract after the member assumes office, <br />the statutes are probably not violated and the <br />council member may serve. Where that is not the <br />ca~, service on the council by the interested <br />member may not be possible if he retains his in- <br />terest. Thus the Attorney General has ruled that <br />the principal stockholder and president of a <br /> <br /> company hol~ling a city franchise which calls for <br /> extensive council regulation of the company <br /> during the term of tee franchise may not serve <br /> on the council during that period without first <br /> divesting himself of direct or indirect interest <br /> in the company. (A.G. Op. 90a-l, LMC 130d, <br /> July 12, 1973.) On the other hand, when a city <br />· has entered into a 20-year contract with a ma[ting <br /> company allowing the company to use,the c~ty's <br /> sewage disposal plant and fixing rates for such <br /> service subject to negotiation of new rates under <br /> certain circumstances, a director and stockholder <br /> of the company may, during the term of the <br /> contract, assume office as councilman and continue. <br /> to serve as such as long as'no new negotiations are <br /> required. In case new negotiat!ons for change in <br /> the terms of use are entered into, a new agreement <br /> may not be consummated as long as the interested <br /> council member continues in office. {A.G. Op., <br /> letter opinion~ to Cannon Falls, LMC, 13Od, Apr.1, <br /> <br /> · In an opinion given later in the same year, <br /> the' Attorney General ruled that when a member of <br /> a governing body purchases a laundry a significant <br /> part of whose business is furnished to the govern° <br /> mental unit under a contract previously entered <br /> into, the board member may have a prohibited <br /> interest in the contract~ since questions of contract <br /> interpretation or performance may arise-as a result <br /> of which the member would be faced with a con- <br /> flict of interest; however, this is a fact question <br /> which must be answered by the governing body. <br /> (A.G. Op., letter opinion to 'ind. School Dist. <br /> 742, St. Cloud, LMC 130d, May 16, 1952.) See <br /> also A.G. Op. 901:-1, LMC 130d, Dec. 6, 1955, <br /> holding that an alderman who had resigned was <br /> not eligible to become a subcontractor on a muni; <br /> cipal hospital where he had been a member of the <br /> council when the prime contract was awarded. The <br /> statute should be interpreted as precluding a con- <br /> tract with any Person who, as a public official, has <br /> had the opportunity to influence the terms of the <br /> contract or the decision of the governing body <br /> thereon prior to approval. {A.G. Op. 90e.-1, LMC <br /> 130d, May 12; 1976~) <br /> <br /> On' the Other hand, the Attorney General <br />has' held that a council member is eligible to <br />municipal office even though he is entitled to <br />commissions on insurance premiums payab!e <br />by the city under a contract entered into prior' <br />to his becoming a council member. {A.G. Op. <br />90-a-l, LMC 130d, Mar. 30, 1961.) See also <br />£eaudry-v. Valdez, 32 Cai. 26.9 (1867) holding <br />that the validity of a street mmprovement con- <br />tract is not affected by the fact that the mayor, <br />before his election, had been assigned the contract <br />as security for a debt due him by the contractor, <br />nor did that fact incapacitate him from counter- <br />signing warrants for the collection of the assess- <br />mont. · <br /> <br />A review of the cases and Attorney General's <br /> <br /> <br />